Freestanding Licensed Provisioning
For Sale
$1,400,000
27877 GROESBECK HWY, Roseville, MI 48066
Municipal license and freestanding retail building included, with 40 parking spaces and monument signage.
Property Size5,000 SF
Price / SF$280
Days on Market188
Property Features for 27877 GROESBECK HWY
General Information
Standard status
Active
Size
5,000 SF
Total Parking Spaces
40
Property subtype
Industrial
Site & Location
Traffic Count
38,000 vehicles/day
Highway Access
Yes
Road Access
Yes
Additional Details
Business Included
Yes
Amenities
3
Building Details
Year Built
19
Listing Agency:
C3 CRE, LLC
(248) 752-1276
Listed By:
Corbin Yaldoo · License #6502431997
(248) 752-1276
Source:
Xome
Added: Feb 2
Changed: Aug 8
Last Checked: Aug 9 at 4:40AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of C3 CRE, LLC
Investment Insights
Based on property information with market context.
This offering includes a municipal licensed provisioning center, with both the license and the real estate included in the sale. The property is a freestanding building configured for a retail-focused cannabis provisioning use, supported by monument signage and main road frontage designed for visible customer access. On-site parking is available with 40 spaces.
The site is located along Groesbeck Highway in Roseville, MI, with reported daily traffic of 38,000 vehicles per day. Public remarks also note this location as the closest dispensary location to the I-696 freeway.
According to the provided information, the provisioning market is capped, with only six licenses issued. Sellers indicate they are open to creative deal structures, including the possibility of a joint venture.
The site is located along Groesbeck Highway in Roseville, MI, with reported daily traffic of 38,000 vehicles per day. Public remarks also note this location as the closest dispensary location to the I-696 freeway.
According to the provided information, the provisioning market is capped, with only six licenses issued. Sellers indicate they are open to creative deal structures, including the possibility of a joint venture.
Key Highlights
- Municipal licensed provisioning center for sale; license and real estate are included.
- Freestanding building with 40 parking spaces and monument signage.
- Located on Groesbeck Highway with an estimated 38,000 vehicles per day traffic count.
Property Analytics
Current Use
Lease Details
38,000 VPD
Traffic count
Turnkey business
Opportunity
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
429
Businesses Nearby
Explore this area
Business Placement
Demographics for 48066, MI
47,789
Population
22,116
Households
2.2
Avg Household Size
39
Median Age
15%
College-Educated
90%
High-School Grad
9.9 sq mi
ZIP Area
4,827
Density / Sq Mi
$61,222
Median Household Income
$38,978
Median Earnings
$1,175
Median Rent
$142,700
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Cannabis property - Municipal license and freestanding retail building included, with 40 parking spaces and monument signage.
Where is this cannabis property located?
The property is located at 27877 GROESBECK HWY Roseville, MI.
What is the asking price?
The asking price for this property is $1,400,000.
What are key features of this property?
This property features: Municipal licensed provisioning center for sale; license and real estate are included.; Freestanding building with 40 parking spaces and monument signage.; Located on Groesbeck Highway with an estimated 38,000 vehicles per day traffic count.
